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550 Madison Ln

Elgin, IL 60123

2 bd 3 ba 1,783 sqft Built 2007 townhomes
No recorded sales

Location

Timeline: Sale, Listing & Tax History

Recorded events

No recorded events

No sale or listing events are on file for this property.

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $74,919 $28,236 $103,155 $7,259
2024 $74,919 $28,236 $103,155 $6,963
2023 $69,005 $26,007 $95,012 $6,635
2022 $56,844 $21,423 $78,267 $6,266
2021 $53,145 $20,029 $73,174 $5,993
2020 $50,735 $19,121 $69,856 $5,823
2019 $48,328 $18,214 $66,542 $5,654
2018 $50,033 $17,159 $67,192 $6,049
2017 $47,299 $16,221 $63,520 $5,916
2016 $43,881 $15,049 $58,930 $5,645
2015 $40,221 $13,794 $54,015 $5,567
2014 $32,722 $13,624 $46,346 $5,067
2013 $33,585 $13,983 $47,568 $4,234
2012 $36,277 $15,104 $51,381 $4,638
2011 $40,610 $16,908 $57,518 $4,760
2009 $44,947 $18,714 $63,661 $1,120

Property facts

Year built
2007
Property type
townhomes
Stories
Beds
2
Baths
3
Living area
1,783 sqft
Lot size
ZIP code
60123
City
Elgin
Street
Madison Ln
Coordinates
42.04518, -88.33116

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Frequently asked questions

When did 550 Madison Ln last sell?
No public-record sale is on file for 550 Madison Ln.
What is the current tax assessment for 550 Madison Ln?
The most recent total assessment for 550 Madison Ln (year 2025) is $103,155 with $7,259 in property tax.
When was 550 Madison Ln built?
550 Madison Ln was built in 2007.
How does 550 Madison Ln compare to others on Madison Ln?
We track 8 other properties on Madison Ln. Browse the list under "Other properties on Madison Ln" to compare beds, baths, and sale history.
What are the property facts for 550 Madison Ln?
550 Madison Ln is a 2 bed, 3 bath, 1,783 sqft townhomes.
Is 550 Madison Ln a flip candidate?
No — 550 Madison Ln does not appear in our flips dataset.
Is 550 Madison Ln a tax-appeal candidate?
No — 550 Madison Ln is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+4.4%
Implied 1-yr
+17.5%
2026 Q2
$368.8K
2026 Q3
$381.4K
ZIP 60123 — Median Price History + Forecast

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